The owners seek to get millions of euros for their hotels. The most expensive hotel for sale is in the Unirii area in central Bucharest, priced at EUR15 million.
An extended stay hotel, too, is up for sale in the same area and the asking price is EUR8 million. This hotel is on Bulevardul Unirii (Unirii Blvd) and has an area of 4,668 square meters.
Bucharest has the most developed hotel infrastructure in the country, with an accommodation capacity 11,000 people in hotels, half of which rated as four stars. The city also has the most five-star hotels in the country, 10. Many hotels in the city focused on business travel and events, which were badly hurt by the pandemic crisis. Hotels in Bucharest had an average occupancy rate of 10% to 20% of their capacity last year.
(English version by Loredana Fratila-Cristescu)